UNION KALPATARU

Features

To avail the loan, the smart card holder should have received at least 2 fortnight payments in his account or transacted for a period of one month, whichever is later. The second aspect is that the average of latest two fortnight milk proceeds received by pourer should be 40% more than the corresponding loan installment.

Quantum of loan :-

Minimum loan amount of Rs.10000 and there after in multiples of Rs.5,000/- up-to maximum loan amount of Rs.30000 can be availed.

Margin :-

Nil.

Rate of Interest :-

Please click here to know our latest rate of interest.

Repayment :-

Duration of 50 Fortnightly installments. (Fortnightly installment is fixed as NDDB is paying its pourers milk proceeds on fortnightly basis.)

FORMS & DOCUMENTS

list of Documents

Application form

DP Note

Reference

FAQS

1. How will the loan amount be decided?

A loan amounts can be considered as per the requirement and category of the beneficiary on revolving basis: say Rs.10,000/- loan is minimum ticket size for pourers of entry level. The pourer of the higher category may be financed at higher level of Rs. 20,000/- depending up on their income flow to begin with and on satisfactory repayment he may be offered higher slab based on his repayment capacity.